Clough Hedged Equity ETF (NYSEARCA:CBLS) Short Interest Update

Clough Hedged Equity ETF (NYSEARCA:CBLS) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 10,094 shares, a growth of 88.5% from the December 31st total of 5,356 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,363 shares, the short-interest ratio is presently 3.0 days. Based on an average daily trading volume, of 3,363 shares, the short-interest ratio is presently 3.0 days. Currently, 0.6% of the shares of the stock are short sold.

Clough Hedged Equity ETF Stock Performance

NYSEARCA:CBLS traded down $0.42 during trading hours on Friday, reaching $30.11. The stock had a trading volume of 2,148 shares, compared to its average volume of 2,662. The stock has a market capitalization of $46.97 million, a PE ratio of 28.48 and a beta of 0.55. Clough Hedged Equity ETF has a 52 week low of $24.37 and a 52 week high of $30.89. The company has a 50 day moving average price of $28.51 and a two-hundred day moving average price of $28.44.

Clough Hedged Equity ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.247 dividend. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On Clough Hedged Equity ETF

An institutional investor recently raised its position in Clough Hedged Equity ETF stock. Royal Bank of Canada raised its stake in shares of Clough Hedged Equity ETF (NYSEARCA:CBLS) by 74.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,547 shares of the company’s stock after purchasing an additional 4,488 shares during the quarter. Royal Bank of Canada owned about 0.68% of Clough Hedged Equity ETF worth $276,000 at the end of the most recent reporting period.

About Clough Hedged Equity ETF

The Changebridge Capital Long\u002FShort Equity ETF (CBLS) is an exchange-traded fund that mostly invests in long\u002Fshort alternatives. The fund is an alternative strategy that takes both long and short position in US-listed stocks. The actively managed fund will typically be 30%-70% net long exposure. CBLS was launched on Nov 13, 2020 and is managed by Changebridge Capital.